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- Losing $63 Billion to Gray Market – P&G sells the same bleach and diapers to distributors in the US and Honduras, at wildly different prices. Enterprising Central American businessmen then re-ship goods to US making a tidy profit. This is a gray market? Sounds like a free market to me! Industry isn't "losing" $63B, they're just not being allowed to cheat their American customers. Remember how in capitalism competition is supposed to drive the cost of goods to the cost of production? Where were these guys in Econ 101? (tagged: economics trade policy )
- Britain’s Antiterror Officer Resigns – The prevalence of citizen collected surveillance, whether it be news media or cell-phone videos has made it clear what a bunch of liars the Authorities are. When given the chance to cover their own asses by abusing the institutionalized trust we have in them, they seem almost always to do so. The cameras are here. They are ubiquitous. They are not going away. They might as well record the cops. (tagged: transparency security police terrorism surveillance media )
- Bill Moyers Journal William K. Black – Interview with a former regulator who worked to restructure the Savings and Loans in the 1980s, on the current state of affairs. (tagged: finance economics bailout banking moyers politics regulation )
- Sabotage suspected in widespread phone outage in Santa Clara and Santa Cruz counties – Two targeted snips of fiber optic cables in the south bay have cut off hundreds of thousands of people from cell, landline, and network connectivity, including 911 access. Working hypothesis: disgruntled union workers, upset at the fact that contract negotiations are ongoing after expiration this Saturday. How fragile our little world is it seems. (tagged: terrorism security technology internet )
- Ten principles for a Black Swan-proof world – Ten suggestions from Nassim Taleb, which we are almost certainly not going to implement voluntarily. (tagged: economics finance bailout taleb probability banking )
- Privacy and the Fourth Amendment – Our laws, or at least, our interpretations of them, desperately need to be updated to deal with information and privacy in a computer mediated world. What will be the framing cases, and how will they shake out? Apparently the warrantless wiretapping wasn't a big enough scandal to get us paying attention. Terrifying to imagine what it will take. (tagged: privacy law security technology )
- Moyers on America . Is God Green? – Bill Moyers (himself very Christian) investigates the recent emergence of green evangelicalism… (tagged: religion sustainability green christianity moyers environment )
- Vast Spy System Loots Computers in 103 Countries – NYTimes.com – Asian cyberspies, able to watch and listen through your computer's camera and microphone, even if you work in an embassy? And they somehow leave the dashboard for their giant cyberspyring out in the open, on a website, with no password? Are you kidding? Is it just me, or does this reek of Neuromancer? (tagged: security internet technology espionage china tibet nytimes )
- The Quiet Coup – A withering op-ed by Simon Johnson on the policy disaster that is our financial sector. But he's still not willing to re-evaluate the underlying premise of perpetually debt fueled exponential economic growth. How, exactly, was this all supposed to work out? (tagged: politics economics finance bailout crisis policy banking imf )
- MASHSF – Fixies gone wild. Not my kind of riding, but hey, someone's having a good time! Looks like they're making a movie. (tagged: bicycle fixie video cycling )
- Simon Johnson of the IMF on the ongoing financial bailouts – Simon Johnson works for the IMF, and what he sees in the US approach to its financial crisis is much more similar to say, Indonesia or Russia, than a "normal" developed world economic mess. He sees a clash between the government, and an oligarchy, in which currently, the oligarchy is winning. Hopefully we'll get our act together here… as the IMF isn't going to be stepping in anytime soon. (tagged: financial economy pbs moyers crisis economics politics geithner imf )
- Bicycling's Into the Wild – Screw school, ride your bike into the forest and disappear. Almost sounds like me! Except instead of racing, I got into… grad school. Uh, hmm. (tagged: bicycle nytimes touring wilderness )
- Roubini, Taleb, Marx, Lenin, and Python – Indeed, asking Taleb and Roubini for stock tips is like asking Karl Marx who won the English Football Cup in 1949. (tagged: roubini taleb montypython krugman economy blackswan finance )
- The Orange Line Bike Path Buck Stops…Where? – Apparently there's a bikeway that parallel's the Orange Line bus rapid transit in the Valley. Who knew! Not the contractors who were paid $160,000 to maintain it, as it turns out. (tagged: ladot bike bicycle transportation bureaucracy )
- Whither the War on Drugs under Kerlikowske? – Wouldn't it be nice to have a sane drug policy? Seattle's notoriously reasonable police chief has been nominated to the position of Drug Czar. I wonder if the Senate will confirm him? (tagged: drugs marijuana obama politics war seattle kerlikowske czar )